News Details

Bernie plays £60m get out of jail free card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after the F1 boss agreed to a £60 million ($100 million) out-of-court settlement. Bavarian state prosecutors confirmed to the district Munich court on Tuesday that the sport's commercial rights holder has offered to make the payment, believed to be the largest in German legal history. The 83-year-old Ecclestone was accused of bribing former banker Gerhard Gribkowsky during the sale of a major stake in the motor sport business eight years ago. The trial started in April and was expected to drag on, but a settlement has now been reached with the state prosecutor revealing that Ecclestone's advanced age and other...
Full Story »
8mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ecclestone agrees settlement

Bernie Ecclestone has agreed an £80m settlement in his bribery...
8mo ago from SkySports.com

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
9mo ago from ThisIsF1.com

Ecclestone seeks settlement to end bribery trial

Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
9mo ago from Crash.net

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million...
9mo ago from SuperSport.com

Elsewhere On The Network

Popular On MotoGPToday.com

Aprilia seamless not far from Honda

How good is the new Aprilia seamless shift MotoGP gearbox? According to...
56m ago from Crash.net

Espargaro hoping for home Suzuki boost

Aleix Espargaro hopes that Suzuki will debut much-needed engine and...
56m ago from Crash.net

Jerez MotoGP test times

Lorenzo leaving Movistar Yamaha garage. MOVISTAR Yamaha’s Jorge...
18h ago from VisorDown.com

Rossi: “Today we focused on the bike‘s set-up”

Movistar Yamaha’s Valentino Rossi focused on his bike’s setup during...
20h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Series set to introduce LED position lights

After testing a LED car position system during Spring Training in March...
12h ago from Racer.com

IndyCar: Tagliani joins Foyt team for Indy 500 in...

Another piece of the Indianapolis 500 entry puzzle fell into place with...
11h ago from Racer.com

Tagliani secures late Indy 500 drive for AJ Foyt

Veteran open wheel driver Alex Tagliani has landed a last minute drive in...
7h ago from SpeedCafe.com

IndyCar: Pondering speed record prospects at Indy

Related Stories Related Stories IndyCar IndyCar: Honda hopeful about Indy...
1d ago from Racer.com

Popular On TotalWRC.com

WRC stars join Wings for Life run

Championship’s big names join Red Bull’s global fundraising race
16h ago from WRC.com

18 crews sign up for 2015 FIA Junior WRC

18 crews sign up for2015 FIA Junior WRC Two weeks before the second round...
17h ago from WRC.com

RX: Solberg dominates at Hockenheim

Petter Solberg has secured his first victory of the year at round two of...
19h ago from Crash.net

Nagle on his mixed winning emotions

Exclusive interview in latest 'WRC Live: Regroup'
1d ago from WRC.com

Popular On GunnersToday.com

Per Mertesacker: 'Arsenal must be better early in the...

Per Mertesacker has admitted that Arsenal must find a way to start the...
2h ago from SportsMole.co.uk

Arsenal eye double Ligue-1 raid to bolster title...

Arsenal are preparing a double Ligue-1 raid in order to sign Monaco’s...

Mertesacker Pleased By Arsenal Progress In 2015

It has been revealed that Per Mertesacker admits he has been pleased by...
3h ago from Nastytackle.com

Arsenal Only Needs Few Quality Summer Inclusions :...

It has been reported that Arsenal manager Arsene Wenger has made it clear...
2h ago from Nastytackle.com

Comments

comments powered by Disqus

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.